We Put Your Trades First

Rithmic, LLC announced today that its front end trading screens, R | Trader™ and R | Trader Pro™, now provide their users with break even bracket orders. “Besides handling bracket orders on our servers, what distinguishes our break even brackets is that our users can adjust the “break even” point of each bracket by a few ticks”, said Jonathan Walden, CEO of Rithmic. “This adjustment enables a user to insure that the break even point covers commissions and fees”, continued Walden.

Current users may upgrade to the current version of R | Trader™ and R | Trader Pro™ through the “Check for Updates” selection of the File menu. New users may download R | Trader™ and R | Trader Pro™ from Rithmic’s website.

Rithmic, LLC is pleased to announce that version 10.0.0.0 of R | API+™ is now available for download by its end users. “The standout feature of version 10.0.0.0 is support for Depth by Order™. Programmers now have the ability to determine the position in the order queue of orders for instruments that trade on exchanges that publish order priority information,” said Gene Sato, chief developer of Rithmic’s API libraries. “We also provide information on the size of the implicit order book.” Jonathan Walden, CEO of Rithmic, continued, “We are very pleased to make such information available to our developer community. It has been more than 8 months since the CME began publishing the order priority of all its products via its MBO messages. During this time, through our desktop trading screen, R | Trader Pro™, we have demonstrated that position in queue information can be provided to a desktop application and displayed well, without taxing the trader’s CPU. We are confident that our programmatic interface to such information will enable algorithmic trading programs as well as other desktop trading screens to benefit likewise.”

Rithmic, LLC is pleased to announce that China Maike Futures International Limited has joined Rithmic’s FCM & IB network. Through this network, Rithmic services the trading needs of multiple FCMs, their introducing brokers and their account holders.

“Rithmic welcomes China Maike Futures into our network”, said Jonathan Walden, CEO of Rithmic, LLC. “We are especially pleased that China Maike Futures will be able to provide Rithmic’s software and services directly to traders who reside in Hong Kong, China and other areas of South East Asia.” For super-fast execution and uncompromising stability, China Maike Futures will now be able to offer its account holders the use of Rithmic software running directly on Rithmic’s machines located in Rithmic’s data centers in Aurora, Chicago and Secaucus.”

Rithmic, LLC announced today that its front end trading screens, R | Trader™ and R | Trader Pro™, now support the display of column headings and other information in multiple languages. “We are pleased to be able to display information in the languages most comfortable to our users”, said CEO Jonathan Walden. “As our user base expands globally, it is only natural that we provide and identify trading information in a user’s desired language.”

Rithmic’s first non-English language is Simplified Chinese. Over the coming months Rithmic expects to support Japanese, Greek, Arabic, Korean, various Indian and other Asian languages and European languages – all as the demand for such languages presents itself.

Joe Joseph, Rithmic’s chief user interface developer added, “Rithmic’s default language is US English, so if the translation of a phrase into a user’s language is lacking, that user may see a mixture of his language and English”.

“We have implemented our multiple language sub-system so that as new languages and new words and phases for current languages are supported, they will be seen by users automatically, without having to reload or reinstall R | Trader™ or R | Trader Pro™, said Eric Aversa, Rithmic’s head of operations.

To make use of the multiple language support of R | Trader™ or R | Trader Pro™, please download or upgrade to version 14.3.0.0.

Rithmic, LLC announced today that it has moved its corporate headquarters. Rithmic’s new address is 1 Ramland Road, Orangeburg, New York 10962. “Not far from our previous location, our new space provides Rithmic with a custom space configuration and a direct connection to one of our data centers,” said CEO Jonathan Walden. “We look forward to many happy years in Orangeburg!”

Rithmic, LLC is pleased to announce that version 8.5.0.0 of R | API™ and R | API+™ is now available for download by its end users. “Version 8.5.0.0 expands programmatic access to the rich functionality of R | Trade Execution Platform™ while preserving the simplicity, efficiency and reliability of the interface,” said Gene Sato, chief developer of Rithmic’s API libraries. “In particular, developers and their users may now access mid-point prices from exchanges that only provide best bid and best ask prices, prior day order history and, when provided by an exchange, exchange timestamps on execution reports.” Jonathan Walden, CEO of Rithmic, continued, “This new release crown’s the completion of the upgrade of our release environment which began about 3 weeks ago.”

Rithmic, LLC is pleased to announce it will continue to publish and distribute Globex market data trade messages of the non-aggressor side of a trade even after the retirement by the CME of its Globex FIX/FAST market data feed.

Jonathan Walden, CEO of Rithmic, said: “The recent abandonment by other market data vendors of the CME’s Globex FIX/FAST market data feed in favor of the CME’s Globex MDP 3.0 market data feed shocked the trading and charting community. Charts and setups that had been carefully constructed and maintained for many years were rendered useless overnight. Given that essentially the same trade message data that is in the FIX/FAST feed is also available in the MDP 3.0 feed, we see no reason why any trader should be forced to switch his view of the markets.” Eric Aversa, Rithmic’s director of operations agreed: “If a trader wants to see only the summary portion (aggressor side) of the market data trade message, Rithmic will provide it. If instead, a trader prefers to see the market data trade messages in the form produced by FIX/FAST, Rithmic will provide those messages also.” Walden continued, “For a market data vendor to publish only the summary portion of a trade or to publish only the orders that make up the non-aggressor side of a trade is presumptive, arrogant and shows a lack of respect for that vendor’s customers. As long as such data is made available through the CME’s MDP 3.0 market data feed and as long as there is a reasonable demand for the non-aggressor market data trade messages in the FIX/FAST format currently published, Rithmic will provide access to both.”

Rithmic, LLC is pleased to announce that Phillip Capital Inc. and its introducing brokers have joined Rithmic’s FCM & IB network. Through this network, Rithmic services the trading needs of multiple FCMs, their introducing brokers and their account holders.

“We are especially pleased that PhillipCapital and its introducing brokers have joined our network”, said Jonathan Walden, CEO of Rithmic, LLC. “The reach of PhillipCapital is global and its user base is diverse. Rithmic looks forward to servicing PhillipCapital, its introducing brokers and its users from all over the globe. For super-fast execution and uncompromising stability, PhillipCapital will now be able to offer its account holders the use of Rithmic software running directly on Rithmic’s machines located in Rithmic’s data centers in Aurora, Chicago and Secaucus.”

Rithmic, LLC is pleased to announce that Straits Financial, LLC and its introducing brokers have joined Rithmic’s FCM & IB network. Through this network, Rithmic services the trading needs of multiple FCMs, their introducing brokers and their account holders.

“We are especially pleased that Straits Financial and its introducing brokers have joined our network”, said Jonathan Walden, CEO of Rithmic, LLC. “The reach of Straits is global and its user base is diverse. Rithmic looks forward to servicing Straits, its introducing brokers and its users from all over the globe. Straits’ account holders will now be able to enjoy the speed and reliability of Rithmic software running directly on Rithmic’s machines located in Rithmic’s data centers in Aurora, Chicago and Secaucus.”

Rithmic, LLC is pleased to announce that Dorman Trading, LLC and its introducing brokers have joined Rithmic’s FCM & IB network. Through this network, Rithmic services the trading needs of multiple FCMs, their introducing brokers and their account holders.

“We are especially pleased that Dorman Trading and its introducing brokers have joined our network”, said Jonathan Walden, CEO of Rithmic, LLC. “Dorman Trading is one of the oldest, family-operated Futures Commission Merchants in the world. Rithmic looks forward to servicing Dorman, its introducing brokers and its users from all over the globe. For super-fast execution and uncompromising stability, Dorman will now be able to offer its account holders the use of Rithmic software running directly on Rithmic’s machines located in Rithmic’s data centers in Aurora, Chicago and Secaucus.”